The scope of the Presidential Decision no: 7103 related to tech employees would be summarized as below:

• From April 1, 2023 to December 31, 2023 (including these dates), a hundred percent (100%) will be applied to the information technology employees whose nature is determined by the Ministry.
• For the employees other than those mentioned above, it will be applied at seventy-five percent (75%) until December 31, 2023 (including this date).

Per the announcement of the Ministry of Industry and Technology.

According to the Circular dated July 7, 2023 and numbered 27998389-010.06.02-2298391 published by the Ministry of Treasury and Finance with the subject 'Financial and Social Rights', the coefficients used to calculate the wage of a public officers have been revised effective July 1, 2023.

According to the Circular dated July 7, 2023 and numbered 27998389-010.06.02-2298391 published by the Ministry of Treasury and Finance with the subject ‘Financial and Social Rights’, the coefficients used to calculate the wage of a public officers have been revised effective July 1, 2023.

Income Tax Exempted Severance Pay

VAT rates have been amended with the Presential Decree Numbered 7346 published in the Official Gazette dated July 7, 2023 and numbered 32241. With the new regulation, the VAT rates applicable to All Goods and Services have been changed.

• The VAT rate which was 18% has been icreased to 20%,
• The VAT rate which was 8% has been increased to 10%.